The Container Store struggling, may be sold as it receives NYSE delisting notice

  • 5/14/2024

|

Dallas Morning News

|

Paywall icon
• Subcategory:

The Container Store, founded in Dallas as the original storage and organization store in 1978, may be sold after trying for years to grow the business. The Coppell-based retailer hasn’t posted a full-year profit since 2021 when sales exceeded $1 billion for the first time. Sales plummeted in the past year to $847.8 million. The chain of 102 stores said its board has initiated a formal review process to evaluate strategic alternatives, which generally includes the possibility of a sale of the company.

The Container Store (NYSE: TCS)
Kristen Cairns | Director of Planning & Development

Additional Filters

Subcategory
Tags